Management of affairs of corporate debtors and cooperation of its personnel

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Full Text of the Document

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....ss period, the management of the affairs of the corporate debtor shall continue to vest in the Board of Directors or the partners, of the corporate debtor as the case may be, and the provisions of section 54H shall, mutatis mutandis, apply to the proceedings under this Chapter. (2) Notwithstanding anything contained in any other law, from the creditor-initiated insolvency commencement date, the....